Company Closes First Acquisition in Acquisition Campaign with Over $30 Million in Annual Revenue Under Negotiation Defense Technology Systems, Inc. (OTCBB:DFTS) Defense Technology Systems Inc. announced today finalizing its revitalization plan to realize $12 million in revenue in 2005. The company originally provided digital infrastructure solutions to office buildings in major metropolitan cities, but the company experienced the negative consequences of the post dot com technology economy slowdown. After the September 11th terrorist attacks, management recognized the need for a systemic Homeland Security solution in major metropolitan cities. In 2004, with limited resources, the Company slowly restructured to support a Homeland Security strategy. In the first quarter of 2005, Defense Technology acquired a 20-year-old defense engineering firm with a portfolio of proprietary technologies. Through acquisition, Defense Technology has trailing twelve month revenue of $5 million and a 2005 calendar year forecast of $12 million. Management intends to build a Homeland Security product portfolio through acquisition and currently has acquisitions under negotiation representing over $30 million in annual revenue. The following is a synopsis of Defense Technology's plan to define the Homeland Security Solution marketplace and its position as a leader in that marketplace. A complete executive summary and PowerPoint Presentation is available by contacting LCGroup@mindspring.com Defining Home Land Security Homeland Security arises from the evolution of warfare between the militaries of nation states into a conflict between the civilians of nation states and the military of philosophically motivated affiliations without national boundaries. The conflict between civilians and the philosophically motivated affiliations is also referred to as terrorism. The Defense Technology Home Land Security Customer In terrorism, cities replace traditional military outposts. New York City, Chicago and San Francisco are no different then military bases in Korea, Cuba and Turkey. They are the first site to see new threats or be subject to first attacks. United States' allies with developing economies likewise become new military outposts. With limited defense resources, developing economic allies become primary vectors of terrorist attack into the United States. Domestic cities and developing economic allies are new to the general disciplines required of a military outpost. The threat of terrorism is also substantially different then the threat of a conventional military attack. In either regard, cities and developing economic allies are in need of new technologies to equip themselves for this new terrorist threat. The Objective of the Defense Technology Solution Ideally, emerging Homeland Security technology will provide cities and developing economic allies in their new military outpost role with the ability to preempt any intended military attack. In the event an attack can not be avoided, the next best position is to have as much warning of an imminent terrorist attack as possible. With early warning, preparations can be made to mitigate the potential damage of an inevitable terrorist attack. Once an attack has occurred, any degradation of terrorist or other disaster response resources limits the effect of the attack. Accordingly, Homeland Security solutions that provide a resilient response ability can contribute to the mitigation of a realized terrorist attack. For more information on Defense Technology Systems, Inc. visit www.defensetechnologysystems.com. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Defense Technology Systems (CE) (USOTC:DFTS)
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